War Financial News
19.03 / 15:09
Election
President
War
cover
dance
International
Democrats Turn Against Israel
Israeli Prime Minister Benjamin Netanyahu said on Sunday that “no international pressure will stop us from realizing all of the goals of the war: Eliminating Hamas, freeing all of our hostages and ensuring that Gaza never again constitutes a threat to Israel." That this is interpreted as a challenge to President Biden speaks volumes about the shift in U.S. policy toward Israel. The joke around Jerusalem is that while Mr.
19.03 / 14:56
markets
UPS
Citi
wellness
War
social
New York to probe sputtering legal marijuana program as storefronts lag, black market booms
New York will evaluate its troubled recreational marijuana licensing program as lawsuits and bureaucratic stumbles have severely hampered the legal market and black-market sellers have flourished
19.03 / 14:55
UPS
Provident
Experts
War
country
reports
European Union pushes ahead with a plan to buy weapons for Ukraine with frozen Russian asset profits
The European Union's top diplomat says he's pressing ahead with a plan to use the profits generated from billions of euros of Russian assets frozen in Europe to help provide weapons for Ukraine
19.03 / 13:09
19.03 / 12:39
19.03 / 10:17
Citi
pandemic
War
country
reports
India to record its highest-ever gas consumption annually in FY24: CareEdge Ratings
gas production, India’s dependency on imported LNG or liquefied natural gas, which stood at 53% of total consumption in FY21, has gradually declined over the last three years and is expected to remain at around 45% by FY26, said CareEdge Ratings in a report on Tuesday. The higher demand for natural gas in the country is also expected to be supported by sizeable growth in domestic gas production wherein nearly 30 MMSCMD (million metric standard cubic meters per day) of new domestic natural gas production has gradually come on stream over the last three years and another around 15 MMSCMD of new domestic natural gas production is expected to come on-stream during FY25. “With greater thrust of the Government for transitioning towards cleaner fuel, there was a steady growth in natural gas consumption till FY20. However, due to the impact of the Covid-19 pandemic and sharp increase in imported LNG prices due to the geopolitical situation, there had been a decline in natural gas consumption during FY21 and FY23 respectively," said Hardik Shah, Director at CareEdge Ratings.
19.03 / 04:33
markets
UPS
War
show
reports
testing
Mutual funds have Rs 1.3 lakh crore cash, Warren Buffett $168 billion. What about you?
investors continue to pour money into stocks and equity funds, asset managers are raising more cash in their portfolios. February month data shows that the total cash pile at equity mutual funds rose for the second consecutive month to 4.82% of total assets under management (AUM) at Rs 1.33 lakh crore. SBI Mutual Fund was sitting at a war chest of Rs 25,100 crore and ICICI Prudential AMC Rs 21,700 crore. HDFC Mutual Fund's cash pile of nearly Rs 19,000 crore is about 6.8% of its AUM, shows data pulled from ACE Equity.
18.03 / 20:17
18.03 / 17:53
Food
War
Justice
prevention
Courts
International
Israel denies genocide in Gaza, calls civilian casualties 'tragic'
request by South Africa for interim orders to prevent starvation in Gaza as part of a case accusing Israel of breaching the Genocide Convention with its military offensive against Hamas. In a written response published Monday by the International Court of Justice, Israel said that claims by South Africa in its request filed earlier this month are “wholly unfounded in fact and law, morally repugnant, and represent an abuse both of the Genocide Convention and of the Court itself." Israel's response was published on the day that the U.N.
18.03 / 16:13
markets
COST
Experts
War
recommendations
rights
Interviews
Homebuyers should jump into the market before interest rates go down, says expert
Homebuyers who are already pre-approved for a mortgage should enter the housing market now instead of waiting for interest rates to go down, according to one industry expert.
18.03 / 12:43
UPS
wellness
War
Inside
hospital
International
Israel launches another raid on Gaza's main hospital, charging that Hamas has regrouped there
Gaza Strip's largest hospital early Monday, saying Hamas militants had regrouped there and had fired on them from inside the compound, where Palestinian officials say tens of thousands of people have been sheltering. In a separate development, the European Union's top diplomat, Josep Borrell, accused Israel of continuing to hinder efforts to deliver aid to Gaza, saying the territory faces an «entirely man-made» famine as «starvation is used as a weapon of war». The army last raided Shifa Hospital in November after claiming that Hamas maintained an elaborate command centre within and beneath the facility. The military revealed a tunnel leading to some underground rooms, as well as weapons it said were found inside the hospital. But the evidence fell short of the earlier claims, and critics accused the army of recklessly endangering the lives of civilians. People sheltering in the hospital said Israeli forces backed by tanks and artillery had surrounded the medical complex and that snipers were shooting at people inside. They said the army raided a number of buildings and detained dozens of people.
18.03 / 12:43
security
Election
President
War
show
country
Putin extends rule in preordained Russian election after harshest crackdown since Soviet era
Vladimir Putin sealed his control over Russia for six more years on Monday with a highly orchestrated landslide in an election that followed the harshest crackdown on the opposition and free speech since Soviet times. While the result was never in doubt, Russians attempted to defy the inevitable outcome, heeding a call to protest Putin's repression at home and his war in Ukraine by showing up at polling stations at noon on Sunday. But from the earliest returns, it was clear Putin would extend his nearly quarter-century rule with a fifth term.
18.03 / 10:24
Cooper
Refugees
War
country
rights
International
European Union announces $8B aid package for Egypt as concerns mount over migration
The European Union has announced a 7.4 billion-euro or $8 billion aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores
18.03 / 06:49
COST
President
War
country
International
Arsenal
Grab
How Russia's grab of Crimea 10 years ago led to war with Ukraine and rising tensions with the West
Vladimir Putin seized Crimea from Ukraine, a bold land grab that set the stage for Russia to invade its neighbor in 2022. The quick and bloodless seizure of the diamond-shaped peninsula, home to Russia's Black Sea fleet and a popular vacation site, touched off a wave of patriotism and sent Putin's popularity soaring. «Crimea is ours!» became a popular slogan in Russia. Now that Putin has been anointed to another six-year term as president, he is determined to extend his gains in Ukraine amid Russia's battlefield successes and waning Western support for Kyiv.
18.03 / 02:25
Reuters
Election
Death
War
reports
peace
‘Russia-NATO, one step away from a full-scale World War 3,’ Putin warns the West
Vladimir Putin warned the West on Monday, suggesting that a direct conflict between Russia and the US-led NATO military alliance would bring the world close to World War Three. As reported by Reuters, Putin emphasized that few desire such a catastrophic outcome.
18.03 / 01:31
Reuters
Election
President
War
Updates
Vladimir Putin wins Russian presidential elections, says ‘would strengthen military’ in victory speech | Top 10 updates
Russian Presidential Elections 2024: President Vladimir Putin won a record post-Soviet landslide with 87.8% of the vote in Russia's election on Sunday. He made it clear that the result should send a message to the West that its leaders will have to reckon with an emboldened Russia, whether in war or peace, for many more years to come.
18.03 / 01:31
Target
Enterprise
wellness
War
performer
Department
Government's dividend collection from CPSEs hits record Rs 61,149 crore
government's dividend mopup from non-financial central public sector enterprises (CPSEs) and entities in which it holds minority stakes has touched a record ₹61,149 crore, 22% higher than the revised estimate for 2023-24, with almost a fortnight to go this fiscal, according to the latest finance ministry data. Dividend receipts in the first half of March alone totalled nearly ₹10,000 crore. The revised estimate in the interim budget last month estimated the dividend collection for 2023-24 at ₹50,000 crore, higher than initial target of ₹43,000 crore. «The dividend collection has surpassed all expectations this fiscal. CPSEs across sectors have been performing well, and the strong dividend flow is the clearest sign of that,» said an official, who did not wish to be identified. «Also, global crude oil prices didn't quite surge as was feared after the Israel-Hamas war in October last year. So, the profitability of oil companies didn't quite take a beating, which augurs well for dividend flow. Power sector companies, too, have been doing well.»
18.03 / 01:31
security
Election
Death
President
War
country
‘Wholly inappropriate,’ Israel PM Benjamin Netanyahu slams US criticism amid Hamas conflict, rejects calls for polls
AP, in recent days, US Senate Majority Leader Chuck Schumer, the highest-ranking Jewish official in the country and a strong Israel supporter, called on Israel to hold a new election, saying Netanyahu had “lost his way." President Joe Biden expressed support for Schumer’s “good speech," and earlier accused Netanyahu of hurting Israel because of the huge civilian death toll in Gaza. Netanyahu told Fox News that Israel never would have called for a new U.S. election after the Sept.
17.03 / 23:25
17.03 / 20:43
Fighting
President
War
peace
Colombia decree suspends ceasefire with EMC armed group in three areas
BOGOTA (Reuters) -Colombia will suspend its ceasefire with the Estado Mayor Central (ECM) armed group in three provinces on Wednesday, a government decree said on Sunday, citing incidents that broke the ceasefire.
17.03 / 20:31
Digital
security
Election
awards
wellness
Mercury
War
ET Awards for Corporate Excellence: Mercury rising ahead of a sizzling poll season
It firmly believes that changing geopolitics, security concerns, and waning trust in China will dovetail to enable India to marry technology and manufacturing. A day before the announcement of the Lok Sabha election dates, finance minister Nirmala Sitharaman and external affairs minister S Jaishankar sent across the message, underlining the Narendra Modi government’s milestones, as they addressed some of the best minds of India Inc at The Economic Times Awards for Corporate Excellence in Mumbai on Friday.
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